Min­ing boom

Stanstead Journal - - CLASSIFIEDS -

from page 2

In the af­ter­noon, a round ta­ble dis­cus­sion with rep­re­sen­ta­tives from the mu­nic­i­pal­i­ties, the uni­ver­si­ties, tourism, in­dus­try and en­vi­ron­ment was held. In a re­gion where tra­di­tional eco­nomic ac­tiv­i­ties such as tourism and agri­cul­ture are strong, the chal­lenge will be to see how the min­ing in­dus­try and those sec­tors can co-habi­tate.

To read the doc­u­men­ta­tion and tran­scripts from this meet­ing con­sult the CRE de l’es­trie web­site at www.creestrie. qc.ca.

Que­bec is in a min­ing boom. In last week’s pro­vin­cial bud­get, Min­is­ter Bac­hand an­nounced that min­ing sec­tor roy­al­ties would grow ten-fold in the next six years, that money is al­ready com­ing in from the min­ing sec­tor and he ex­pects roy­al­ties in 2011-2012 to al­most reach $1.2 bil­lion. The gov­ern­ment also ex­pects this in­crease in rev­enues to help bal­ance the gov­ern­ment’s books by 2013-14.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.